The Special Administrative Region (SAR) of Hong Kong’s authorities issued a document on virtual asset and crypto development on October 31. The declaration describes the government’s strategy and policies for creating a “vibrant industry and ecosystem” for cryptocurrencies in Hong Kong. It is a 180-degree turn from earlier this year when the government planned to supervise cryptocurrency exchanges. Topics Addressed by Hong Kong Authorities The declaration addresses several important topics, including vision and strategy. The initial step was to welcome cryptocurrency firms. According to a government announcement, the Securities and Futures Commission will begin a consultation process on the possibility The post Hong Kong Authorities to Launch Consultation on Crypto Access appeared first on Cryptoknowmics-Crypto News and Media Platform.
